Daily Current Affairs Quiz -UPSC 2 May 2024

Consider the following statements regarding the Currency Carry Trade:
1. Low interest rate differential is crucial for the success of Currency Carry Trade.
2. USD/JPY are commonly involved in Currency Carry Trade.
3. Interest Rate Parity (IRP) concept supports the rationale behind Currency Carry Trade.
Which of the statements given above is/are correct ?

1 only

1 & 2 only

1 & 3 only

All

Which of the following statements is/are correct regarding the Federal Funds Rate:
1. It is an interest rate at which banks lend to consumers.
2. The agriculture sector is most directly affected by changes in the Federal Funds Rate.
3. During times of economic recession federal bank Decreases the rate .

1 only

2 only

3 only

2 & 3 only

Which of the following statements is/are correct regarding the Thrombosis with Thrombocytopenia Syndrome (TTS) :
1. The TTS is related to the Messenger RNA vaccines.
2. TTS is marked by the presence of blood clots.

1 only

2 only

both 1 & 2

None

Which of the following statements is/are correct regarding the SMART (Supersonic Missile Assisted Release of Torpedo):
1. The SMART is a next-generation missile-based lightweight torpedo delivery system.
2. The SMART missile system comprises a long-range supersonic missile carrier that can travel up to 643 km.
3. There are 5 countries who have developed this technology.

2 & 3 only

1 & 3 only

1 only

All

Which of the following statements is/are correct regarding the • Messenger RNA vaccines—also called mRNA vaccines :
1. The Live attenuated viruses is NOT a component of mRNA vaccines.
2. mRNA vaccines do not contain any viral components.
3. The primary function of mRNA vaccines is to produce antibodies directly.

1 & 2

1 & 3

2 & 3

All

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Daily Current Affairs Quiz -UPSC 2 May 2024

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Daily Current Affairs Quiz -UPSC 2 May 2024

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Daily Current Affairs Quiz -UPSC 2 May 2024